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Jun 21, 2013 7:00am EDT
wall street journal," -- -- he went on to say, "the economy is recovering too slowly and should not be regarded as the new normal." >> we need a new approach. an approach that removes obstacles of growth, prosperity -- of growth and prosperity. unleash the nation of builders. to become a nation of builders and i think we have to stop picking winners and losers and start focusing on expanding opportunity for everyone. we started out by giving our kids a good chance at an education. to hirend opportunity axa's education so students are ready for tomorrow's job market. to become a nation of builders again, we need to fix our tax code. if we clear out all of these loopholes and make the tax code fair it is going to make it easier to understand, we will be creating more incentives to bring jobs home, and keep our resources here in america. a host: john boehner before the national association of manufacturers. this headline from "the -- this editorial from "the wall street journal" -- joseph on our twitter page has this comment -- logan is on the phone from las vegas on our independen
Jun 17, 2013 8:00pm EDT
of america, this remains a vibrant place to live with a balanced economy. the american people must have a voice about what those rules will be. and congress cannot skirt responsibility to legislate. again, i would like to close here by thanking those who led this effort, mr. collins in particular, for leading the floor conversation. he has shown great leadership, working very hard. you came here as did other members of the freshman class to make a difference by supporting the reins act and i think you will advance that cause. mr. collins: it is easy to follow in the stoot steps. and we will work to continue that fight. i thank you for being here tonight. it is now with great pleasure, another freshman who has come from north of me in north compassion for his constituents. mr. holding: i thank the gentleman from georgia for the opportunity to discuss this administration's excessive regulations. we know the harmful effect that overregulations had on the economy and since taking office, president obama and his administration have continuously burdened the american people with an exceptiona
Jun 17, 2013 6:00am EDT
morning to you. leaders of the world's most powerful economies are gathering in northern ireland for a two-day summit. british prime minister david cameron is the host, and he's pushing for countries to share more financial information. leaders there also expected to discuss differences on some of the big issues. syria's civil war, free trade between europe and north america and of course global tax evasion. we'll have a live report from steve sedgwick on the ground in the next hour. >>> unions in turkey, they're on a owuone-day strike over the eviction of protesters from a park in istanbul. police and protesters clashed from sporadically overnight following a weekend of scuffles in the city. nbc's richard engel will join us with the latest in the next hour. >>> also in corporate news this morning, a large activist investor in smithfield foods is pressuring the company to explore a break-up rather than go ahead with that planned $4.7 billion takeover by a chinese meat producer. i don't know if this is going to make joe happy or not, but "the wall street journal" reporting that starboard va
Jun 18, 2013 6:00am EDT
the eurozone economy, arguing that recent signs of market stabilization mean that the ecb's interest rates are becoming a more effective tool again. we'll see about that. >>> also, g-8 leaders are wrapping up a summit in northern ireland today. british prime minister david cameron has, of course, been the host. he says the goal of the group is to "fired up our economies and drive growth and prosperity around the world." we're going to have more, of course, from cnbc's steve sedgwick, who's on the ground there in that beautiful live shot in about 20 minutes. >>> meantime, time for "the global markets report." we'll go across the pond not to ireland, but to london, where ross westgate is standing by this morning amid a sea of green. a little bit of red around. how are you doing, ross? >> yeah, hey, andrew, pretty good. we're actually at the best levels of the session today here for european equities. advances out-pacing decliners by around about, what, 6-2, 7-2 on the dow jones stocks 600. it's been a mixed morning, but the ftse 100 now up 0.8%, despite the that is correct if inflation numbe
Jun 19, 2013 11:00am PDT
anticipated meeting on the economy. and the result of that meeting could affect your retirement savings, your ability to sell your home, buy a home, your 401(k), your cash. the list goes on and on. as we know, everyone sits with bateed brea bated breath waiting for the voice of ben bernanke. christine roman, good to see you. we're hoping you can translate some of the fed speak in language we can all digest. i know this is your beat. tell me, we're awaiting this statement. what will you be listening for? >> what we know is we have seen the statement. we know there's no change in the amount of bonds the fed is going to keep buying, that stimulus into the economy. no change in its interest rate target. really i would say overall no change from the fed right now. and that is what so many people wanted to know. will the fed chief, will ben bernanke, continue to stimulate the economy. they're putting $85 billion every single month right into the economy by making these bond purchases. what we can tell you, the statement from the fed, that's going to stay the same. they are not announcing how, when,
Jun 17, 2013 8:30am EDT
a facebook page now. so, you know, the world has really changed, and our energy economy has similarly changed. if you go back again to that time ten years ago, oil production, of course, continued to fall in the united states, imports increasing dramatically. top business leaders and thinkers from lee raymond to alan greenspan be projected an enormous natural gas shortfall and, in fact, there were lots of investments for lng imports. today we talk about blend w5u8 problems. pv, distributed pv, $10 a watt. today we're talking about incredibly reduced costs. wind power up by a factor of 15 in that time period. so there really has been tremendous change, in fact, even in the four years since president obama took office we've seen this. most especially, of course, we all know how unconventional gas and oil have been a game changer in this, in this country. we often think of the energy industry, the energy system as one of incredible inertia and very hard and resistant to change. and there are some, there is some truth in that, and there are some good reasons. capital intensity, all kinds of issue
Jun 19, 2013 2:00am PDT
of the gop. we should concentrate on the economy. this is long term not a winning battle for the gop. the economy is slow, the recovery is melding. >> all right, boris, thanks so much for being here. >> absolutely thank you. >>> coming up, bill karins and betty nguyen will be here for first buzz. we'll tell you the stories that have caught our eyes. ♪ multigrain cheerios. also available in delicious peanut butter. healthy never tasted so sweet. also available in delicious peanut butter. peoi go to angie's listt for all kinds of reasons. to gauge whether or not the projects will be done in a timely fashion and within budget. angie's list members can tell you which provider is the best in town. you'll find reviews on everything from home repair to healthcare. now that we're expecting, i like the fact i can go onto angie's list and look for pediatricians. the service providers that i've found on angie's list actually have blown me away. find out why more than two million members count on angie's list. angie's list -- reviews you can trust. to accept less and less in the name of style
Jun 17, 2013 6:30am PDT
, the economy will stop. we did a major outreach. we trained an outreach team, who went to every community meeting, to educate people on how bad the crisis was. not only did i tell people that we'd have to raise rates, i told them we'd have to tear up the city to repair this infrastructure. man: you can't simply say, "i won't use any water, it's too expensive." we have about 25% of our population that's at or below the poverty line, so you have to look at rate structures that are tiered so the people can pay their bills. franklin: we would love to have something like 75% federal money. we do get some federal aid and we are thankful, but on the other hand, we're paying for this primarily with new rates. we have increased our rates to among the highest in america. but not nearly as much as if we hadn't passed a one-cent sales tax dedicated to water and sewer infrastructure. hunter: that sales tax counts for about a third of the revenue of the department right now. franklin: we got 75% of the voters to agree to tax themselves so that their children and their children's children could have cle
Jun 17, 2013 5:00pm EDT
in this that america is in a global battle for capital and labor. if we're going to grow the economy in the united states at the rates he would talk about historical through our lifetime then we have got to have more labor. not only high skilled labor like science and technology and engineering and math but it is critical to increase the of h1-b visa and also start to do a better job to raise american kids to get the master's and ph.d. engineering and physics but in the short term and in the midterm lot of the labor costs to come from other countries and we are so blessed that our university system is a magnet for the best in the world when it kid gets a ph.d. in engineering from mississippi state we should staple a green card to his diploma because if not he will go home to mom buy and hire 800 people were if we let him he would much rather stay here and it is almost universally accepted that we have the other essentials labor that is not a phd. california that biggest agricultural state more than half of the farm is here illegally and only 4% are here on the special agricultural be said because
Jun 18, 2013 4:30am EDT
off a new website. >>> the british economy is about to get ads 400 billion boost thanks to none other that will and kate's special delivery. royal baby sleepwear, booties and much more will be big business for the royal family and for retailers. >>> check out this $3,000 wart melon. these black skin melon grow only on japan's northern island heikedo. >>> you might consider investing in this letter written by george washington about the u.s. constitution. it's being auctioned off by christie's. >>> a radio host fired for going over the line. allen i'veson accused of abdu abducting his five children. >>> well, it's time for sports. for all the latest headlines, we're joined by betty. >> good morning, mara. in sports, in game three of the stanley cup final, bruins daniel paille rips a shot past crawford for a 1-0 lead. three minutes later, bergeron makes a power play goal. the bruins take the game and now have a 2-1 lead. >>> allen iverson's ex-wife has filed paperwork saying iverson has abducted the five children. but the former nba star allegedly never returned the children home from n
Jun 18, 2013 3:00am PDT
and 2011. their take went from 10% to 20% of the whole. we live in a superstar economy. >> e.j., we live in a superstar economy. you base your column in a speech that was actually given by alan krueger at the rock and roll hall of fame in cleveland. talking about the dangers of growing in come inequality. we hear it from the left and the right. alan greenspan says it's one of the greatest threats to american capitalism. what do we do about it? >> there's a number of things we can do about it. i thought the speech was very powerful because how do you get people to talk about inequality. putting it into the context of rock, the theme really is, it's a long way to the top if you want to rock and roll. the difference between the top and the bottom is bigger. i think we're taking some steps already on taxation. i think we need to do a lot more to help people at the bottom end of the economy stay in school longer, go to community college. i think that's part of it. but we also need just a fair bargain between labor and capital. justin wolfer, the economist, put out some charts yesterday that s
Jun 17, 2013 12:00pm EDT
's a reflection of the economy. i stand in support of mr. gowdy's safe act and we've seen as moving before in 1986 and if we go down that path it's not going to end well and it's an to have a devastating effect. thank you for allowing me to speak today. >> thank you, sheriff and we will now recognize mr. crane to read >> good afternoon, a ranking member conyers and members of the kennedy. we are still reading through this a fact introduced by congressman gowdy however my reaction is one of appreciation and support for his efforts. i applaud the congressman and his staff for creating a bill that makes public safety a priority that reforms enforcement. unfortunately, the gang of eight legislation reflects an absence of all enforcement input as it contains no tangible plan for border security and essentially ignores interior enforcement altogether while simultaneously treating it that his citizenship for members of criminal street gangs and most other criminal aliens. we hope the members of both parties in the house and in the senate will review the provisions of the safe act as the gang of eight leg
Jun 14, 2013 10:30pm EDT
in the eurozone and the economy. they'll discuss the trade negotiations associated with the potential transalantic trade investment partnership. they'll discuss the situation in afghanistan where germany remains a stalwart ally and continues to contribute to the mission there as well as, again, how nato can provide support beyond 2014. i don't anticipate they'll discuss syria, iran, and the middle east peace as issues we regularly consult closely with the german zone. following the bilateral meeting, a press conference. then a private lunch together at the chancellory. following that, the president will give remarks at the brandenburg gate. it comes on the 50th anniversary of president kennedy's speech at the height of the cold war when west berlin was under considerable siege. given the progress made in germany and the fall of the berlin wall, it's a true symbol of the partnership that we forged together. i expect the president would hit on broad themes in that speech associated with the shared history of the transalantic alliance, how far we've come together in germany and the other allies but t
Jun 18, 2013 2:00am PDT
. >>> the british economy is about to get a 400 billion boost thanks to none other that will and kate's special delivery. royal baby sleepwear, booties and much more will be big business for the royal family and for retailers. >>> check out this $3,000 watermelon. these black skin melon grow only on japan's northern island heikedo. >>> three sports radio hosts are fired for crossing the line. allen iverson is accused of abducting his five children, plus an ugly scene involving a foul ball when "first look" returns. all business purchases. so you can capture your receipts, and manage them online with jot, the latest app from ink. so you can spend less time doing paperwork. and more time doing paperwork. ink from chase. so you can. [ engine revs ] ♪ [ male announcer ] just when you thought you had experienced performance, a new ride comes along and changes everything. ♪ the 2013 lexus gs, with a dynamically tuned suspension and adjustable drive modes. because the ultimate expression of power is control. this is the pursuit of perfection. i want peacocks. peacocks? walking the grounds. in tusc
Jun 17, 2013 3:00am PDT
talking about policy. we're not saying we don't like the economy. we're not saying it's this one program. we don't trust you. >> reporter: and that becomes a huge problem for a progressive presi"ent who needs to tell people, let me use the government to make you) life better. if you don't trust him, his disapproval rating is up and you think government is too big -- 6 in 10 americans now think government is too big, that he can't manage it effectively. this is like a political version of an underwater mortgage, if you will. his disapproval is above 50. people don't trust the government. you look at this coming out, is he trustworthy? 49% say yes. that's up 58% since just last month. so he's taking a hit. something has americans stoppint and saying, hey, wait a minute. when you're early second term with the midterms just around the corner, don't invest in one poll, but if you're president and you know the clock is ticking, that's trouble. >> it's one thing about the nsa or about a policy, but if it's whether or not he's believable, it makes it difficult to come back, even it's just one po
Jun 19, 2013 3:00am PDT
news that we need to know. big day for the economy. >> it is "b" day, ben bernanke, deciding how long to keep up propping up the economy, is the economy strong enough to stand on its own? wall street nervous, the dow posted triple-digit moves, you guys, past six sessions, dow futures up 29 points right now. brand new cnn/orc poll most americans say the economy is in poor shape and when it comes to people's finance more pessimism. 44% say they're financially worse off than a year ago, only 36% say they're better off. no improvement from last year, no improvement. the stock market is up 13% and there's no improvement from last year. >> she's getting emotional about it. she's got a frog in her throat. >> cnn money released a list of best places to launch a business, montana, vermont, new mexico, and if you want to launch a business there you go. >> i'm thinking north dakota, i did a piece in north dakota about the fracking industry and how it's booming. lowest unemployment. >> the lowest unemployment in the country is in north dakota. i hear it's lovely this time of year. >> not a lot of
Jun 17, 2013 3:00am PDT
by the french and germans? >> on the economy it's pretty good. but there's a whole other part of discomfort, if you will, with some european leaders and it more has to do -- their reaction to president obama is just like any other politician's reaction to a politician that may not be as popular as they once were. president obama, the nsa things do not play well over here. there has been a frustration by some on the left in europe that president obama hasn't addressed the issue of climate change more aggressively. that's always been a much more important issue to europeans than it ever has been in the united states. and you sort of take all of that into account and so there certainly is -- you know, the shine has worn off. two years ago when president obama would come over here, you know, you know, figuratively throwing rose pe petals at his feet. he still has a huge audience a few hours ago in belfast for a speech he gave that was addressing northern ireland youth. he's going to get a huge number of people at the brandenburg gate when he makes that speech on the 50th anniversary of jfk spee
Jun 15, 2013 7:00am EDT
? if there is something we can do about it, does it justify that the economy -- the hit that the economy might take? and what will happen to physical industry in ohio and west virginia, for example. and i think it will probably be very dangerous for a conservative to be "a climate change denier." having said that, there are some very real questions over how do you respond and how serious is it? but i think that is an issue that we'll be confronting as president obama points out. i think it's an issue that is not something that anybody really decides to vote on, which may be why it's not up there with immigration reform. host: ok. something like climate change tracks with conservative vores now? guest: i would say probably not. if you were in favor of -- it could hit you from an economic standpoint and it could hurt you in a place like ohio and west virginia, which is really struggling right now with their economy, but if you go down and you ranked -- there's this question over preference vs. intensity. and we saw this with gun debate with background checks. so like almost everybody is in favor of b
Jun 21, 2013 7:00am PDT
of the volatility is the result of good news. the 350-point plunge comes just as the government says the economy is getting better. everything from housing to jobs, to consumer spending, all showing improvement. so, why would wall street run scared from such good news? experts say, it's all because fed chair ben bernanke, basically our country's banker in chief, now wants to take the training wheels off our economy. saying because things are looking up, it's time to dial back on trillions of dollars the fed's been pouring into the markets. >> we've had training wheels on for quite some time now. and now, we're getting word that they're going to have to come off slowly. and we have to see if we can ride this bike on our own. >> reporter: but riding without that help means the cost of borrowing money to do everything from buying a house to starting a business is going up. and that spooks the stock market. and staying on that training wheels theme, traders here on wall street aren't afraid we're going to crash into a wall when the wheels come off. what they're concerned about is things could get wo
Jun 16, 2013 3:00pm PDT
economy. it is about progress. it is about economy. that's the political argument he was making. when you put it in context, you see that that's what it's all about. he is framing the immigration debate in an economic perspective. >> i'll tell you how it is going to change things, don. i'm from texas which we all know has gone republican for i think since lbj. jeb bush is actually the won who said that the changing make-up of this country, that we are becoming a browner country, texas has actually become a blue state he said if republicans didn't get their immigration reform act together. that's how it is changing this country. we are seeing swing states in play that used to not be in play because of the number of immigrants coming to this country. so it is changing our country. the fastest growing group is multi-racial americans. i am hoping one day we'll all be so mixed up a lot of this nonsense we are always arguing about in terms of race is kind of a moot point. >> anna -- >> don, just one last point. for all the people watching the three of us on tv right now, we just got one message
Jun 17, 2013 5:00am PDT
is supposed to center around the world's ailing economy. but another topic is expected to draw the most attention. cbs reporter susan mcginnis reports. >> reporter: president obama left air force one holding daughter sasha's hand. for the next two days, he will meet with world leaders here in northern ireland, which he sees as an appropriate place to talk peace. >> beyond these shores right now in scattered corners of the world, there are people living in the grip of conflict. you're their blueprint to follow. we're the proof of what's possible. >> reporter: the syrian civil war is expected to dominate the talks. russian president vladimir putin says president obama's plan to arm rebel fighters who he calls barbarians will hurt the chance of peace. >> are they the ones you want to support and supply with weapons? >> reporter: president obama and president putin are scheduled to hold private talks this afternoon. the conversation comes after a new report reveals the u.s. and the uk spied on russian and others at another summit. the british newspaper the guardian says former nsa contracto
Jun 17, 2013 6:00am PDT
. >>> 6:26. coming up not just the economy. the top issue facing world leaders at the g8 summit. >> plus, hundreds evacuated into the streets of san francisco. the cause and will it impact business this morning? >> reporter: i'm linda yee in pacifica. she's only 10 years old, but she was able to punch her way out of an attempted kidnapping. i'll have her story. ,, ,,,,,,,,,,,,,,,,,, >>> in this case it seems like we had a tough little girl who hand herself very well. >> a man 6 feet tall approached the 10-year-old and said come with me. >> crews are going from address to address restoring service following a gas main break. >> we saw the bomb squad. we didn't know what's going on. >> president obama is in northern ireland to meet with world leaders at the g8 summit. syria is not formally on the docket but is expected to dominate the talks. >> there are very big differences between the analysis we have of what happened in syria and who is to alabama. >> we have a long road here. i don't want to create a long belief that tomorrow everybody's going home because that's not going to happen. >
Jun 21, 2013 11:00pm EDT
the cost down? is it the economy of scale? whereas most people please explain your views. >> you can reduce the total amount of expenditures of procurement by quantities but each one you buy will cost more. there is a difference looking at the unit cost and the overall total. >> on the f-22 program roughly estimated costing about $70 billion to develop and procurer 750 aircraft. they started to cut costs by reducing aircraft with a 180 aircraft so the cost of the program did not go up but the cost of each aircraft did. that is the one way to save on this program that will cost just looking at the acquisition cost over 12 billion over the next 25 years, you can try to get efficiencies that i am sure they will be but in the end this happens as those programs to reduce quantities. >> this is not new to do in a development. >> as part of this legendary cycle with the acquisition programs they cannot budget and they have trouble meeting the requirements and then they spend too much money and they cannot buy as much. >> do you believe more competition in the acquisition process will hopes of some
Jun 17, 2013 4:00am PDT
-day summit of the group of eight industrial economies-- with the syrian civil war expected to be at the top of the agenda. he's expected to have private discussions with russian president vladimir putin. as the russian government has been supporting the syrian regime of president bashar al assad obama's decision to arm >> a pretty foggy day put your forecast coming up. ♪ ♪ ♪ i gotta go deposit a check transfer some money. so it's your uncle's turn. what? wait, wait, wait... no, no, no, wait, wait. (baby crying) so you can deposit a check... with the touch of a finger. so you can arrange a transfer in t so you can help make a bond... i got it. that lasts a lifetime. the chase mobile app. so you can. >> the murder trial of joseph naso, charged with the decades-old slayings of four women in the state is set to get under way. opening statements are scheduled for today. naso has chosen to represent himself. throughout naso's preliminary hearing, prosecutors painted naso as a "sexual deviant" who drugged and photographed his unconscious victims, then strangled them and dumped their naked
Jun 22, 2013 3:00am PDT
conversations than i'm equipped for, because i'm raising two girls on my own. i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. aren't always the most obvious. take the humble stevia plant, with a surprising secret to share: sweetness. truvia sweetener. zero-calorie sweetness, born from the stevia leaf. from nature, for sweetness. ♪ >>> this block, we're talking about the big business stories. and we're starting with two of the world's top designers now sentenced to prison. maybe you've heard of these two guys. dominica dolce and stefano gabbana. >> i know them. >> they're accused of not telling authorities about an offshoot company that cost literally millions in euros and taxes. dolce & gabbana say it's not true. neither started their sentence. the trending twitter, hash tag dolcegabbana. >> they'll be fine. it's a multibillion dollar brand. they'll h
FOX News
Jun 15, 2013 7:00pm PDT
. with a terrible economy at home and new dangers abroad, president obama seemed so beatable. but romney didn't know what obama knew. >> all right. listen. let's use this one. >> obama's team had use the advantages of incumbency, time and money to create something new in politics. >> sort of created the perfect political corporation. >> sasha eisen berg literally wrote the book. by char nsa programmin nsacha a campaign made a profile of every single persuadable voter in the country and then with experiments borrowed from behavioral psychology they targeted people with personalized messages and coaxed them to the polls. >> voters are the guinea pigs. >> this was developed in this plain looking washington, d.c. office building home to the labor giant the afl-cio. inside a secret entity called the analyst institute. >> a consortium of liberal groups, parties, campaign and consultants designed to do science and help democrats win the election. >> a political manhattan project with the goal of developing superweapons. it was first seen in a michigan governor race six years guy. a couple of researchers we
FOX News
Jun 16, 2013 9:00pm PDT
. >> to nearly half of america, mitt rommy's half, election night 2012 came as a shock with a terrible economy at home and new dangers abroad, president obama seemed so beatable. but rommy didn't know what obama knew. obama's team used the advantages of incumbency, time and money to create something new in politics. >> created the perfect political corporation. >> sasha aisenberg literally wrote the book on this new science of political campai campaigning. by harnessing data like your tv viewing habits, your social media network, voting history, the obama campaign made a virtual profile of every single persuadable voter in the country. then with experiments borrowed from behavioral psychology, they targeted people with personalized messages and coaxed them to the polls. >> these are like drug trials for politics where the voters are the guinea pigs. >> this was developed in this plain-looking washington, d.c. office building home to the afl-cio. inside is the analyst institute. >> a consortium of liberal groups, parties, campaign and consultants designed to do science and help democrats win th
FOX News
Jun 16, 2013 1:00am EDT
night 2012 came as a shock. with a terrible economy at home and new dangers abroad, president obama seemed so beatable. but romney didn't know what obama knew. >> all right. listen. let's use this one. >> obama's team had use the advantages of incumbency, time and money to create something new in politics. >> sort of created the perfect political corporation. >> sasha eisen berg literally wrote the book. by char nsa programmin nsacha a campaign made a profile of every single persuadable voter in the country and then with experiments borrowed from behavioral psychology they targeted people with personalized messages and coaxed them to the polls. >> voters are the guinea pigs. >> this was developed in this plain looking washington, d.c. office building home to the labor giant the afl-cio. inside a secret entity called the analyst institute. >> a consortium of liberal groups, parties, campaign and consultants designed to do science and help democrats win the electio >> a political manhattan project with the goal of developing superweapons. it was first seen in a michigan governor race
Jun 16, 2013 11:00pm PDT
leaders from the largest economies. the group will discuss syria's civil war. >>> and a new report that may ignite the debate over the scope of western intelligence gathering. a new report on hacking by the british news agency gchq. edwards snowden is the basis for the reporting and the british agency reportedly hacked into the e-mails and phones of foreign diplomats to get an edge in high stakes negotiations. >>> it's possible the supreme court will rule on proposition 8. the judges are expected to rule on a number of cases tomorrow. analysts say it's most likely that prop 89 ruling will come at the end of the month. >>> and the new york mayor weighed in during a graduation speech at stanford. >> every generation of americans have expanded the rights of full citizenship to an every-widening circle of people. and i have every confidence that your generation will do the same. marriage equality is a civil rights issue of our time. >> michael bloomberg praised stanford's role in the tech industry and encouraged students to move to new york city, rather than staying in silicon valley a
Jun 21, 2013 10:00pm PDT
's economy for the first time in almost five years, california's unemployment rate is below 9%. the state's jobless rate fell to 8.6% last month. a tropical of .4% since the previous month. however it is still 1% above the national average. roughly 1.6 million californians remain unemployed. >>> a government agency on the brink of bankruptcy. the postal service is losing in their estimates, $25 million a day. while congress struggles to fix the agency, a surprising turn. the postal service is hiring here in the bay area. jodi hernandez has more. >> reporter: they're known as the public face of the u.s. postal service. letter carriers who deliver mail to your doorstep each day. >> a nice job, a good job. it keeps you healthy. you're out in the fresh air. the hourly wage is decent. >> reporter: for the first time in two decades, the postal service is doing a mass recruitment. the bay area region needs 500 letter carrier assistants. temporary positions that could lead to a full-time job. >> we're looking for somebody who can, is fit, healthy, who can carry a workload of 70 pounds. so the phy
Jun 16, 2013 5:00pm PDT
at the summit in ireland. nay discuss had global economy and world affairs. in addition the talks are expected to cover international trade. efforts to fight tax evasion and the possibility of lower trade barriers between the u.s. and the european union. >> this demonstration was to raise awareness on several issues. the roads to the resort are close and they hope to keep protesters away. >>> they would be begging you to stay here in the united states. >> newnew york's mayor takes on a serious topic. >> how firefighters are making progress against the most destructive fire in colorado's history. >> and in news of the world, what prompted a meet up between the pope and a group of bikers. look at them kids. [ sigh ] they have no idea what it was like before u-verse high speed internet. yeah, you couldn't just stream movies to a device like that. one time, i had to wait half a day to watch a movie. you watched movies?! i was lucky if i could watch a show. show?! man, i was happy to see a sneezing panda clip! trevor, have you eaten today? you sound a little grumpy. [ laughter ] [ male announcer ]
Jun 22, 2013 7:00am EDT
attention will be paid to those communities because it is important for economy or my state, i am sure others are in similar situations. i wanted to ask you, you said there would be an impact, mr. leocha, on places like boston. would you explain that more? >> let me talk about the pilot issue. i get phone calls about every week from people from u.s. a p a, u.s. airways pilots association. everyone is not happy. there are still lot of questions and obviously there may be support for the merger because they are getting rid of someone they don't like or getting paid a lot more money but that doesn't mean necessarily we are not going to have labor unrest. back to the smaller airports what we did when we did our overlap study we found out airports like boston and bradley have some of the highest numbers of these overlapping connecting rooms so what happens is american airlines has we 3 or four routes back and forth between bradley and seattle or bradley, they might go bradley, chicago, seattle and someone might go bradley, philadelphia, chicago. as we right size it, it means we could end up
Jun 15, 2013 7:00am PDT
seats on. everyone has been squeezing the coach class. they have premium economy seating which gives you basically what you used to have but now you got to pay an extra $30, $40 for that space. so what they're doing is they're saying if you want the cheapest seat, you're going to the back. if you want to pay a slight premium, we will hit you with those fees and $36 billion worth of fees were collected just last year. >> it is amazing. mark murphy, thank you. >> thanks. >>> a room full of some of the biggest stars in the gop. the faith and freedom conference happening right now, but what's more interesting is the big gop star who is not showing up. vo: traveling you definitely end up meeting a lot more people but a friend under water is something completely different. i met a turtle friend today so, you don't get that very often. it seemed like it was more than happy to have us in his home. so beautiful. avo: more travel. more options. more personal. whatever you're looking for expedia has more ways to help you find yours. i got this. [thinking] is it that time? the son picks up the check
Jun 16, 2013 3:00am PDT
promised to improve iran's wilting economy and reduce unemployment, which topped 15%. in what could be a key overture to the west, he promised to reduce international tensions over iran's nuclear program. the white house says it remains ready to engage with the iranian government directly. >>> it was a violent night in istanbul, turkey. turkish security forces stormed gezi park, using water cannons and tear gas to force antigovernment protesters out of the park and into side streets. and after hours of fighting, we see this, gezi park completely clear and clean. turkish prime minister erdogan says he plans a counterdemonstration today after the antigovernment message that was sparked over the past two weeks. >>> russia is warning the u.s., enforcing a no-fly zone over syria to help rebel forces could violate international law, but the white house has not decided on establishing a no-fly zone, an idea thrown out there by some republicans. president obama's deputy national security adviser says the fighting between rebel forces and the assad regime is so intermingled, it's not a probl
Jun 16, 2013 5:00am PDT
promised to improve iran's wilting economy and reduce unemployment, which tops 15%. in what could be a key overture to the west, he also promised to reduce international tensions over iran's controversial nuclear program. >>> for today's "faces of faith," we're talking about the boy scouts of america. last month the organization voted for gay teens to be members, but that decision outraged pastors across the country, who have now banned local boy scout troops from meeting inside their churches, including this one, the roswell street baptist church in marietta, georgia, just outside of atlanta. pastor earnest easley explained his decision. >> boys in there in a tent that are sexually attractive to other boys whose hormones are going off the walls, something's going to happen. >> pastor easley got a standing ovation from his congregation when he kicked out troop 204, but he also ruffled some feathers, including those of a nearby house of worship, which in response posted this marquee outside, welcoming the boy scouts to meet there instead. we interviewed that pastor from the one world center
Jun 22, 2013 7:00am PDT
are giving to your personal economy. find me on facebook and twitter @christineromans. cnn "newsroom" starts right now. >>> good morning. i'm alison kosik. it's 10:00 on the east coast, 7:00 in the west. this is cnn "newsroom." >>> let's begin with some charges against edward snowden. he admitted that he leaked details of the nsa's surveillance program. he's in hiding in hong kong right now, but the extradition process, it may not be under way. cnn white house correspondent dan lothian joins me now. dan, what are the exact charges? >> reporter: well, he's being charged with espionage and the theft of government property. under espionage according to the complaint, edward snowden being charged for, quote, unauthorized communication of national defense information and willful communication of classified communications intelligence to an unauthorized person. now, this is all very serious. we knew that the justice department was investigating and that there could be these potential charges. this complaint, by the way, was filed in u.s. district court in alexandria, virginia, late last week, but
Jun 14, 2013 6:00pm PDT
, and everybody in the sharing economy saying we can actually plan with you not wait for disaster to hit. >> reporter: hurricane sandy last winter was the wake-up call for new york. >> the oceans are warmer so we would expect more storms and we have to be ready for that and we have 450 miles of coastline in new york city. and we need a lot of technology to figure out how to protect from waves, from high water, from winds and that kind of thing. >> reporter: both mayors say they do need more help from technology leaders so the first part of that technology summit will be held in new york this fall. the second part of that summit will be here in san francisco early next year. in san francisco, linda yee, kpix 5. >> there are 600 san francisco- based technology companies that already work together to help solve city problems such as education and immigration issues. >>> i would never want to witness that again. >> restaurant customers and workers terrorized by masked gunmen. why bay area police say they couldn't respond to the desperate calls for help. >> we want to make sure that people d
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